Drinking Water Adsorbents Market 2021 - Global Analysis, Opportunities by KMI Zeolite, Purolite, TIGG LLC, CycloPure Inc, GEH Wasserchemie, Lenntech B.V. and Other till 2027

The drinking water adsorbents market was valued at US$ 511.81 million in 2019 and is projected to reach US$ 698.17 million by 2027; it is expected to grow at a CAGR of 4.0% from 2020 to 2027.

Adsorbent materials possess the capability to absorb another substance. Adsorbents are extensively used to treat and remove impurities from drinking water, and they help in enhancing the overall water quality. The stringent regulations pertaining to water quality backed by initiatives taken by government to invest in water treatment industries promote the demand for drinking water adsorbents. Further, rapid urbanization coupled with economic growth and rising demand for bio-adsorbents are driving the growth of the drinking water adsorbents market.

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In 2019, North America contributed to the largest share in the global drinking water adsorbents market. The market growth in this region is primarily attributed to the presence of strong industrial base along with prominent manufactures significantly contributing to market growth, rapid urbanization, and surge in demand for fresh and portable water. The easy accessibility and availability of raw materials are yet another factors that bolster the market growth in the region.

The COVID-19 outbreak pandemic is adversely affecting economies and industries in various countries due to government-imposed lockdowns and travel bans, and business shutdowns. The chemical & materials is one of the major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. The shutdown of various plants and factories in North America, Europe, Asia Pacific, South America, and the Middle East and Africa has restricted the global supply chain and negatively impacted the manufacturing activities, delivery schedules, and product sales. Furthermore, various companies have already predicted possible delays in product deliveries and slump in future sales of their products. The travel bans imposed by countries in Europe, Asia, and North America are hindering the business collaborations and partnerships opportunities. All these factors are hampering activities in the chemical & materials industry, which are restraining the growth of various markets related to this industry.

Market Insights:

Growing Demand for Activated Carbon

Activated carbon can remove natural organic matter (NOM) from drinking water and can be used as an integral component for water filtration system. Activated carbon has swept across the industrial world and has become an essential component to purify water. Activated carbon is used by both large- and small-scale enterprises. It helps in eliminating impurities from large-scale, community-wide water supplies as well as residential products on a smaller scale. Moreover, due to its exceptionally rare physical properties such as excellent pore properties including high surface area and wide pore size distribution, activated carbon is preferably be used as drinking water adsorbents. Further, it can eliminate dissolved pollutants and harmful organisms. In addition, with the inclusion of carbon and hydrogen in their composition, activated carbon acts as an effective product for removing organic pollutants. Increasing demand for activated carbon for the removal of turbidity and naturally occurring organic matter is expected to propel the growth of the drinking water adsorbents market during the forecast period.

Report Spotlights:

• Progressive industry trends in the global drinking water adsorbents market to help players develop effective long-term strategies
• Business growth strategies adopted by developed and developing markets
• Quantitative analysis of the market from 2017 to 2027
• Estimation of the demand for drinking water adsorbents across various industries
• PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
• Recent developments to understand the competitive market scenario and the demand for drinking water adsorbents
• Market trends and outlook coupled with factors driving and restraining the growth of the drinking water adsorbents market
• Decision-making process by understanding strategies that underpin commercial interest with regard to global drinking water adsorbents market growth
• Drinking water adsorbents market size at various nodes of market
• Detailed overview and segmentation of the global drinking water adsorbents market as well as its dynamics in the industry
• Drinking water adsorbents market size in various regions with promising growth opportunities

Company Profiles:

• BASF SE
• CYCLOPURE INC
• DuPont de Nemours, Inc
• Geh Wasserchemie
• Kuraray Co. Ltd
• Evoqua Water Technologies LLC
• KMI Zeolite
• Lenntech B.V
• Purolite
• Tigg LLC

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This release was published on openPR.